Sapiens International Corporation N.V. (NasdaqGS:SPNS) acquired Nordic Consulting & Development Company S.A. for $11.7 million on December 4, 2023. The consideration of which $11.667 million in total, of which, $10.179 million were paid in cash on the acquisition date, $1.063 million are deferred payments ($0.638 million will be paid after 12 months and $0.425 million will be paid after 18 months from the acquisition date) and up to $0.425 million will be paid by the end of March 2024 subject to net working capital adjustments.

Sapiens International Corporation N.V. (NasdaqGS:SPNS) completed the acquisition of Nordic Consulting & Development Company S.A. on December 4, 2023.